Fuzzy Reasoning In Decision Making And Optimization

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Fuzzy Reasoning in Decision Making and Optimization

Author : Christer Carlsson
Publisher : Physica
ISBN 13 : 3790818054
Total Pages : 344 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Fuzzy Reasoning in Decision Making and Optimization by : Christer Carlsson

Download or read book Fuzzy Reasoning in Decision Making and Optimization written by Christer Carlsson and published by Physica. This book was released on 2012-08-27 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many decision-making tasks are too complex to be understood quantitatively, however, humans succeed by using knowledge that is imprecise rather than precise. Fuzzy logic resembles human reasoning in its use of imprecise informa tion to generate decisions. Unlike classical logic which requires a deep under standing of a system, exact equations, and precise numeric values, fuzzy logic incorporates an alternative way of thinking, which allows modeling complex systems using a higher level of abstraction originating from our knowledge and experience. Fuzzy logic allows expressing this knowledge with subjective concepts such as very big and a long time which are mapped into exact numeric ranges. Since knowledge can be expressed in a more natural by using fuzzy sets, many decision (and engineering) problems can be greatly simplified. Fuzzy logic provides an inference morphology that enables approximate human reasoning capabilities to be applied to knowledge-based systems. The theory of fuzzy logic provides a mathematical strength to capture the un certainties associated with human cognitive processes, such as thinking and reasoning. The conventional approaches to knowledge representation lack the means for representating the meaning of fuzzy concepts. As a consequence, the approaches based on first order logic do not provide an appropriate con ceptual framework for dealing with the representation of commonsense knowl edge, since such knowledge is by its nature both lexically imprecise and non categorical.

Fuzzy Logic for Planning and Decision Making

Author : Freerk A. Lootsma
Publisher : Springer Science & Business Media
ISBN 13 : 147572618X
Total Pages : 204 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Fuzzy Logic for Planning and Decision Making by : Freerk A. Lootsma

Download or read book Fuzzy Logic for Planning and Decision Making written by Freerk A. Lootsma and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book starts with the basic concepts of Fuzzy Logic: the membership function, the intersection and the union of fuzzy sets, fuzzy numbers, and the extension principle underlying the algorithmic operations. Several chapters are devoted to applications of Fuzzy Logic in Operations Research: PERT planning with uncertain activity durations, Multi-Criteria Decision Analysis (MCDA) with vague preferential statements, and Multi-Objective Optimization (MOO) with weighted degrees of satisfaction. New items are: Fuzzy PERT using activity durations with triangular membership functions, Fuzzy SMART with a sensitivity analysis based upon Fuzzy Logic, the Additive and the Multiplicative AHP with a similar feature, ELECTRE using the ideas of the AHP and SMART, and a comparative study of the ideal-point methods for MOO. Finally, earlier studies of colour perception illustrate the attempts to find a physiological basis for the set-theoretical and the algorithmic operations in Fuzzy Logic. The last chapter also discusses some key issues in linguistic categorization and the prospects of Fuzzy Logic as a multi-disciplinary research activity. Audience: Researchers and students working in applied mathematics, operations research, management science, business administration, econometrics, industrial engineering, information systems, artificial intelligence, mathematical psychology, and psycho-physics.

Fuzzy Optimization, Decision-making and Operations Research

Author : Chiranjibe Jana
Publisher : Springer
ISBN 13 : 9783031356674
Total Pages : 0 pages
Book Rating : 4.3/5 (566 download)

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Book Synopsis Fuzzy Optimization, Decision-making and Operations Research by : Chiranjibe Jana

Download or read book Fuzzy Optimization, Decision-making and Operations Research written by Chiranjibe Jana and published by Springer. This book was released on 2023-10-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: After developing fuzzy set theory, many contributors focused their research on the extension of fuzzy sets and their computational methodologies, strengthening modern science and technology. In some real-life phenomena, the conventional methods and traditional fuzzy sets cannot be explained, whereas the extension of fuzzy sets and effective new computing methods can explain it adequately. This edited book presents a new view of fuzzy set-measurement methods entitled "Fuzzy Optimization, Decision Making and Operations Research: Theory and Applications", which deals with different perspectives and areas of research. All chapters are divided into three parts: fuzzy optimization, fuzzy decision-making, and fuzzy operation research. The goal of this book is to provide a relevant methodological framework covering the core fields of fuzzy decision-making method, fuzzy optimization method, fuzzy graphics method, fuzzy operations research, fuzzy optimization using graph theory, fuzzy support systems and its real and industrial applications. For many people, fuzzy words' industrial engineering and scientific meanings are still an advanced system for improving modern science and technology. Although fuzzy logic can be applied to many different areas, people do not know how different fuzzy approaches can be applied to various products currently on the market. It is written for professionals who wish to share their expertise, improve their findings, and provide relevant information in the fields of fuzzy methods and their application in decision-making, optimization theory, graph theory and operations research. This book is aimed at experts and practitioners in the fields of fuzzy optimization, fuzzy decision-making, and fuzzy operation research.

Fuzzy Multi-Criteria Decision Making

Author : Cengiz Kahraman
Publisher : Springer Science & Business Media
ISBN 13 : 0387768130
Total Pages : 591 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Fuzzy Multi-Criteria Decision Making by : Cengiz Kahraman

Download or read book Fuzzy Multi-Criteria Decision Making written by Cengiz Kahraman and published by Springer Science & Business Media. This book was released on 2008-08-09 with total page 591 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines all the fuzzy multicriteria methods recently developed, such as fuzzy AHP, fuzzy TOPSIS, interactive fuzzy multiobjective stochastic linear programming, fuzzy multiobjective dynamic programming, grey fuzzy multiobjective optimization, fuzzy multiobjective geometric programming, and more. Each of the 22 chapters includes practical applications along with new developments/results. This book may be used as a textbook in graduate operations research, industrial engineering, and economics courses. It will also be an excellent resource, providing new suggestions and directions for further research, for computer programmers, mathematicians, and scientists in a variety of disciplines where multicriteria decision making is needed.

Fuzzy Approach to Reasoning and Decision-Making

Author : Vilém Novák
Publisher : Springer Science & Business Media
ISBN 13 : 9780792313588
Total Pages : 250 pages
Book Rating : 4.3/5 (135 download)

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Book Synopsis Fuzzy Approach to Reasoning and Decision-Making by : Vilém Novák

Download or read book Fuzzy Approach to Reasoning and Decision-Making written by Vilém Novák and published by Springer Science & Business Media. This book was released on 1992 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers presented at the Symposium focused mainly on two fields of interest. First, there were papers dealing with the theoretical background of fuzzy logic and with applications of fuzzy reasoning to the problems of artificial intelligence, robotics and expert systems. Second, quite a large number of papers were devoted to fuzzy approaches to modelling of decision-making situations under uncertainty and vagueness and their applications to the evaluation of alternatives, system control and optimization. Apart from that, there were also some interesting contributions from other areas, like fuzzy classifications and the use of fuzzy approaches in quantum physics. This volume contains the most valuable and interesting papers presented at the Symposium and will be of use to all those researchers interested in fuzzy set theory and its applications.

Picture Fuzzy Logic and Its Applications in Decision Making Problems

Author : Chiranjibe Jana
Publisher : Elsevier
ISBN 13 : 0443220239
Total Pages : 296 pages
Book Rating : 4.4/5 (432 download)

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Book Synopsis Picture Fuzzy Logic and Its Applications in Decision Making Problems by : Chiranjibe Jana

Download or read book Picture Fuzzy Logic and Its Applications in Decision Making Problems written by Chiranjibe Jana and published by Elsevier. This book was released on 2023-12-15 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Picture Fuzzy Logic and Its Applications in Decision Making Problems provides methodological frameworks and the latest empirical research findings in the field of picture fuzzy operators, and their applications in scientific research and real-world engineering problems. Although fuzzy logic can be applied in a number of different areas, many researchers and developers are not yet familiar with how picture fuzzy operators can be applied to a variety of advanced decision-making problems. Picture fuzzy set is a more powerful tool than fuzzy set or intuitionistic fuzzy set to tackle uncertainty in a variety real-world modeling applications. Picture fuzzy set is actually the generalization of intuitionistic fuzzy set, and intuitionistic fuzzy set is the generalization of fuzzy set. In this book, the picture fuzzy sets are investigated, and different types of operators are defined to solve a number of important decision making and optimization problems. The hybrid operator on picture fuzzy set based on the combination of picture fuzzy weighted averaging operators and picture fuzzy weighted geometric operators is developed and named Hybrid Picture Fuzzy Weighted Averaging Geometric (H-PFWAG) operator. Another operator is developed for interval-valued picture fuzzy environment, which is named Hybrid Interval-Valued Picture Fuzzy Weighted Averaging Geometric (H-IVPFWAG) operator. These two operators are then demonstrated as solutions to Multiple-Attribute Decision-Making (MADM) problems. The picture fuzzy soft weighted aggregation operators (averaging and geometric) are defined, and these are applied to develop a multi-criteria group decision making system. The Dombi operator in the picture fuzzy environment is then defined and applied to solve MADM problems. Based on the Dombi operator, several other operators are defined. These are the picture fuzzy Dombi aggregation operators, including picture fuzzy Dombi weighted averaging operator, picture fuzzy Dombi order weighted averaging operator, picture fuzzy Dombi hybrid averaging operator, picture fuzzy Dombi weighted geometric operator, picture fuzzy Dombi order weighted geometric operator, and picture fuzzy Dombi hybrid geometric operator. Each of these operators are used to solve MADM problems. An extension picture fuzzy set known as m-polar picture fuzzy set is proposed and investigated along with many properties of m-polar picture fuzzy Dombi weighted averaging and geometric operators; each of these operators are applied to MADM problems. Another extension of the picture fuzzy set is the interval-valued picture fuzzy uncertain linguistic environment. In this set, interval-valued picture fuzzy uncertain linguistic weighted averaging and geometric operators are developed, and interval-valued picture fuzzy uncertain linguistic Dombi weighted aggregation operators are utilized in the MADM process. In the complex picture fuzzy environment, the authors demonstrate some complex picture fuzzy weighted aggregation operators to be used in solving MADM problems. Another approach called MABAC with picture fuzzy numbers is studied and developed as a multi-attribute group decision making model. Furthermore, the picture fuzzy linear programming problem (PFLPP) is initiated, in which the parameters are picture fuzzy numbers (PFNs). The picture fuzzy optimization method is applied for solving the PFLPP. This concept is used to solve the picture fuzzy multi-objective programming problem (PFMOLPP) under the picture fuzzy environment. Provides in-depth explanations of picture fuzzy logic and its application to computational modeling problems Helps readers understand the difference between various fuzzy logic methods Provides concepts used to develop and solve problems within the picture fuzzy environment

Applications of Fuzzy Optimization and Fuzzy Decision Making

Author : Vassilis C Gerogiannis
Publisher :
ISBN 13 : 9783036522654
Total Pages : 416 pages
Book Rating : 4.5/5 (226 download)

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Book Synopsis Applications of Fuzzy Optimization and Fuzzy Decision Making by : Vassilis C Gerogiannis

Download or read book Applications of Fuzzy Optimization and Fuzzy Decision Making written by Vassilis C Gerogiannis and published by . This book was released on 2021-10-26 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of the Special Issue "Applications of Fuzzy Optimization and Fuzzy Decision Making" is to expand the applicability of fuzzy optimization and decision making for solving various types of problems in the areas of economics, business, engineering, management, operations research, etc. Any experimental research or empirical study of theoretical developments in fuzzy optimization and decision making is highly welcome. Additionally, research papers presenting solution methods and/or studying their computational complexity, and proposing new algorithms to solve fuzzy optimization and decision making problems, in an effective and efficient manner, are also welcome. We are looking forward to receive innovative approaches that apply, in practical settings, state-of-the art mathematical/algorithmic techniques from fuzzy technology, computational intelligence and soft-computing methodologies, with the aim to offer robust solutions for complex optimization and decision making problems characterized by non-probabilistic uncertainty, vagueness, ambiguity, and hesitation. Such type of papers will address the suitability, validity, and advantages of using fuzzy technologies and the enhancement of them using intelligent methods to treat real-life problems from various disciplines.

Fuzzy Logic in Its 50th Year

Author : Cengiz Kahraman
Publisher : Springer
ISBN 13 : 3319310933
Total Pages : 406 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Fuzzy Logic in Its 50th Year by : Cengiz Kahraman

Download or read book Fuzzy Logic in Its 50th Year written by Cengiz Kahraman and published by Springer. This book was released on 2016-05-17 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a multifaceted perspective on fuzzy set theory, discussing its developments over the last 50 years. It reports on all types of fuzzy sets, from ordinary to hesitant fuzzy sets, with each one explained by its own developers, authoritative scientists well known for their previous works. Highlighting recent theorems and proofs, the book also explores how fuzzy set theory has come to be extensively used in almost all branches of science, including the health sciences, decision science, earth science and the social sciences alike. It presents a wealth of real-world sample applications, from routing problem to robotics, and from agriculture to engineering. By offering a comprehensive, timely and detailed portrait of the field, the book represents an excellent reference guide for researchers, lecturers and postgraduate students pursuing research on new fuzzy set extensions.

Fuzzy and Multi-Level Decision Making

Author : E. Stanley Lee
Publisher : Springer Science & Business Media
ISBN 13 : 1447106830
Total Pages : 199 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Fuzzy and Multi-Level Decision Making by : E. Stanley Lee

Download or read book Fuzzy and Multi-Level Decision Making written by E. Stanley Lee and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managerial Decisions in hierarchy organizations, such as the various manufacturing and service companies, are difficult to formalize and even more difficult to optimize. By exploring the typical fuzziness, vagueness, or the "not-well-defined" nature of such organizations, this book presents the first comprehensive treatment of this difficult and practically important problem. The advantages of the proposed fuzzy interactive approach are that it significantly reduces computational requirements. Equally, the representation of the system is made more realistic through the recognition of the inherent fuzziness of such large organizations. Both the multi-ploy and the game-like decision making processes, also known as multi-level programming and the fuzzy interactive approach, are discussed in detail. The emphasis is on numerical algorithms and numerous examples are solved and compared. The concepts of fuzzy set and fuzzy linguistic representation, which form an integral part of any managerial decision, are also discussed.

Fuzzy Logic and Optimization

Author : Sudarsan Nanda
Publisher :
ISBN 13 :
Total Pages : 196 pages
Book Rating : 4.X/5 (3 download)

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Book Synopsis Fuzzy Logic and Optimization by : Sudarsan Nanda

Download or read book Fuzzy Logic and Optimization written by Sudarsan Nanda and published by . This book was released on 2006 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fuzzy Theory, based on multi-valued logic, was suggested by L.A. Zadeh in the year 1965 in a paper entitled ""Fuzzy Sets"" published in Information and Control. Since then fuzzy set theory has found applications in several branches of knowledge, more particularly in subjects like Optimization and Computer Science. This book is an introduction to the current state of knowledge in fuzzy set theory and its applications in the emerging areas like optimization, decision making, linear programming, goal programming, quadratic programming, game theory, operations research and in related fields.

Fuzzy TOPSIS

Author : Mohamed El Alaoui
Publisher : CRC Press
ISBN 13 : 1000385752
Total Pages : 217 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Fuzzy TOPSIS by : Mohamed El Alaoui

Download or read book Fuzzy TOPSIS written by Mohamed El Alaoui and published by CRC Press. This book was released on 2021-05-26 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the use of fuzzy logic as a logic and as an uncertainty theory in the decision-making context Discusses the development of the TOPSIS method in classical and fuzzy context Justifies the use of fuzzy logic as an uncertainty theory Provides illustrative examples for each fuzzy TOPSIS extension Includes related MATLAB codes and case studies

Multistage Fuzzy Control

Author : Janusz Kacprzyk
Publisher : Wiley-Blackwell
ISBN 13 : 9780470744161
Total Pages : 424 pages
Book Rating : 4.7/5 (441 download)

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Book Synopsis Multistage Fuzzy Control by : Janusz Kacprzyk

Download or read book Multistage Fuzzy Control written by Janusz Kacprzyk and published by Wiley-Blackwell. This book was released on 2012-08-02 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This valuable and timely publication from a highly acclaimed expert in the field provides an overall view of the discipline of multistage fuzzy control as well as a wealth of new ideas in decision-making and reinforcement learning Multistage Fuzzy Control 2nd Edition follows its predecessor, a classic in the field, in explaining the essential principles of fuzzy logic and describing both the theoretical and practical advantages of a model-based, prescriptive approach. In the 10 years since the first edition however, a myriad of new perspectives and developments have emerged - many as a result of the author s own research that earned him the 2006 IEEE Computational Intelligence Society Fuzzy Systems Pioneer Award for pioneering works on multistage fuzzy control. The use of some fuzzy tools for the analysis and optimization of multistage decision-making and control, notably of a fuzzy dynamic programming type, is now considered important and popular with researchers from different fields. This new edition features 30% new material in both theory and applications, with much space devoted to new research into reinforcement learning (a sub-area of machine learning concerned with how actions are to be taken in an environment so as to maximize some long term reward), and also to some extensions towards fuzzy reinforcement learning or neurofuzzy reinforcement learning. It also includes many new elements related to IT (information technology), notably to data mining, learning, bioinformatics, etc. Multistage Fuzzy Control 2nd Edition is an essential handbook for those wishing to resolve real-world problems in control and decision analysis through the use of fuzzy-logic-based methods. Offers a valuable and timely publication from a highly acclaimed expert in the field, providing an overall view of the discipline of multistage fuzzy control as well as a wealth of new research. Presents 30% new material, including important new ideas such as reinforcement learning, neurofuzzy architectures, evolutionary optimization and applications in the areas of bioinformatics, mobile robots and computer communication. Includes a range of new applications related to power engineering, such as the use of fuzzy dynamic programming for water reservoir control, mobile robot control, data transfer control in computer networks, sequential pattern mining and predicting the secondary structure of ribonucleic acid (and some other problems in bioinformatics.

Granular, Fuzzy, and Soft Computing

Author : Tsau-Young Lin
Publisher : Springer Nature
ISBN 13 : 1071626280
Total Pages : 936 pages
Book Rating : 4.0/5 (716 download)

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Book Synopsis Granular, Fuzzy, and Soft Computing by : Tsau-Young Lin

Download or read book Granular, Fuzzy, and Soft Computing written by Tsau-Young Lin and published by Springer Nature. This book was released on 2023-03-29 with total page 936 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first edition of the Encyclopedia of Complexity and Systems Science (ECSS, 2009) presented a comprehensive overview of granular computing (GrC) broadly divided into several categories: Granular computing from rough set theory, Granular Computing in Database Theory, Granular Computing in Social Networks, Granular Computing and Fuzzy Set Theory, Grid/Cloud Computing, as well as general issues in granular computing. In 2011, the formal theory of GrC was established, providing an adequate infrastructure to support revolutionary new approaches to computer/data science, including the challenges presented by so-called big data. For this volume of ECSS, Second Edition, many entries have been updated to capture these new developments, together with new chapters on such topics as data clustering, outliers in data mining, qualitative fuzzy sets, and information flow analysis for security applications. Granulations can be seen as a natural and ancient methodology deeply rooted in the human mind. Many daily "things" are routinely granulated into sub "things": The topography of earth is granulated into hills, plateaus, etc., space and time are granulated into infinitesimal granules, and a circle is granulated into polygons of infinitesimal sides. Such granules led to the invention of calculus, topology and non-standard analysis. Formalization of general granulation was difficult but, as shown in this volume, great progress has been made in combing discrete and continuous mathematics under one roof for a broad range of applications in data science.

Fuzzy Optimization Techniques in the Areas of Science and Management

Author : Santosh Kumar Das
Publisher : CRC Press
ISBN 13 : 1000718719
Total Pages : 201 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Fuzzy Optimization Techniques in the Areas of Science and Management by : Santosh Kumar Das

Download or read book Fuzzy Optimization Techniques in the Areas of Science and Management written by Santosh Kumar Das and published by CRC Press. This book was released on 2022-10-17 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps to enhance the application of fuzzy logic optimization in the areas of science and engineering. It includes implementation and models and paradigms, such as path planning and routing design for different wireless networks, organization behavior strategies models, and so forth. It also: Explains inventory control management, uncertainties management, loss minimization, game optimization, data analysis and prediction, different decision-making system and management, and so forth Describes applicability of fuzzy optimization techniques in areas of science and management Resolves several issues based on uncertainty using member function Helps map different problems based on mathematical models Includes issues and problems based on linear and nonlinear optimizations Focuses on management science such as manpower management and inventory planning This book is aimed at researchers and graduate students in signal processing, power systems, systems and industrial engineering, and computer networks.

Intermediate Futures And Options: An Active Learning Approach

Author : Cheng Few Lee
Publisher : World Scientific
ISBN 13 : 9811280282
Total Pages : 1001 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Intermediate Futures And Options: An Active Learning Approach by : Cheng Few Lee

Download or read book Intermediate Futures And Options: An Active Learning Approach written by Cheng Few Lee and published by World Scientific. This book was released on 2023-10-16 with total page 1001 pages. Available in PDF, EPUB and Kindle. Book excerpt: Futures and Options are concerned with the valuation of derivatives and their application to hedging and speculating investments. This book contains 22 chapters and is divided into five parts. Part I contains an overview including a general introduction as well as an introduction to futures, options, swaps, and valuation theories. Part II: Forwards and Futures discusses futures valuation, the futures market, hedging strategies, and various types of futures. Part III: Option Theories and Applications includes both the basic and advanced valuation of options and option strategies in addition to index and currency options. Part IV: Advanced Analyses of Options takes a look at higher level strategies used to quantitatively approach the analysis of options. Part V: Special Topics of Options and Futures covers the applications of more obscure and alternative methods in derivatives as well as the derivation of the Black-Scholes Option Pricing Model.This book applies an active interdisciplinary approach to presenting the material; in other words, three projects involving the use of real-world financial data on derivative, in addition to homework assignments, are made available for students in this book.

Fuzzy Expert Systems and Fuzzy Reasoning

Author : William Siler
Publisher : John Wiley & Sons
ISBN 13 : 0471698490
Total Pages : 423 pages
Book Rating : 4.4/5 (716 download)

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Book Synopsis Fuzzy Expert Systems and Fuzzy Reasoning by : William Siler

Download or read book Fuzzy Expert Systems and Fuzzy Reasoning written by William Siler and published by John Wiley & Sons. This book was released on 2005-02-22 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hier lernen Sie, Expertensysteme auf der Basis von Fuzzy Logic zu konstruieren, die sich für den praktischen Einsatz eignen. Expertensysteme werden zunächst allgemein definiert, und die zugrundeliegende Mathematik wird eingeführt. Regelbasierte Systeme werden gründlicher besprochen als in jedem anderen Buch mit ähnlichem Thema. Am Ende jedes Kapitels können Sie Ihren Wissensstand anhand von Übungsaufgaben überprüfen. Von einem zugehörigen ftp-Server können Sie Ergänzungsmaterial abrufen. Für Praktiker und Forscher aus dem akademischen Umfeld gleichermaßen geeignet!

Preferences and Decisions

Author : Salvatore Greco
Publisher : Springer
ISBN 13 : 3642159761
Total Pages : 414 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Preferences and Decisions by : Salvatore Greco

Download or read book Preferences and Decisions written by Salvatore Greco and published by Springer. This book was released on 2010-08-28 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision making is an omnipresent, most crucial activity of the human being, and also of virtually all artificial broadly perceived “intelligent” systems that try to mimic human behavior, reasoning and choice processes. It is quite obvious that such a relevance of decision making had triggered vast research effort on its very essence, and attempts to develop tools and techniques which would make it possible to somehow mimic human decision making related acts, even to automate decision making processes that had been so far reserved for the human beings. The roots of those attempts at a scientific analysis can be traced to the ancient times but – clearly – they have gained momentum in the recent 50 or 100 years following a general boom in science. Depending on the field of science, decision making can be viewed in different ways. The most general view can be that decision making boils down to some cognitive, mental process(es) that lead to the selection of an option or a course of action among several alternatives. Then, looking in a deeper way, from a psychological perspective this process proceeds in the context of a set of needs, preferences, rational choice of an individual, a group of individuals, or even an organization. From a cognitive perspective, the decision making process proceeds in the context of various interactions with the environment.